Extension of Stabilization Fund and Powers, Etc: Hearing[s], Seventy-eighth Congress, First Session on S. 991U.S. Government Printing Office, 1943 |
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Common terms and phrases
ALDRICH amount banks become bimetallism bondholders bonds Britain bushel cent circulation coin contract cost of production creditor classes currency debt debtor demand demonetization economists effect England enormous Europe exchange exports fact fall of prices foreign France free coinage function gold and silver gold dollar gold standard Government greater idle increase India industry intrinsic value issue JONES of Nevada July 14 law of France legal tender material MCPHERSON measure metals millions mines money volume number of dollars ounce paid paper money parity payment political economy population pound pounds sterling premium President price of silver prices of commodities products of labor Prof profit prosperity purchasing power quantity of money question range of prices reason rise rupees Senator Sherman law silver bullion silver dollars supply suppose things tion to-day trade Treasury unit of money value of gold value of money wages
Popular passages
Page 68 - An act directing the purchase of silver bullion and the issue of Treasury notes thereon, and for other purposes.
Page 249 - South, and calls in question the principles and conduct of the State, which I have the honor in part to represent.
Page 250 - O, it is excellent To have a giant's strength ; but it is tyrannous To use it like a giant.
Page 175 - If we examine into the circumstances of the inhabitants of our plantations, and our own, it will appear that not one-fourth of their product redounds to their own profit, for, out of all that comes here, they only carry back clothing and, other accommodations for their families, all of which is of the merchandise and manufacture of this kingdom.
Page 175 - Authority aforesaid, that from and after the twenty-fourth Day of June one thousand seven hundred and fifty, no Mill or other Engine for Slitting or Rolling of Iron, or any Plating forge to work with a Tilt Hammer, or any Furnace for making Steel...
Page 122 - The two greatest events which have occurred in the history of mankind have been directly brought about by a successive contraction and expansion of the circulating medium of society. The fall of the Roman Empire, so long ascribed in ignorance to slavery, heathenism and moral corruption, was in reality brought about by a decline in the silver and gold mines of Spain and Greece.
Page 183 - ... There is not a horse in England, able and willing to work, but has due food and lodging ; and goes about sleek-coated, satisfied in heart. And you say, It is impossible. Brothers, I answer, if for you it be impossible, what is to become of you ? It is impossible for us to believe it to be impossible. The human brain, looking at these sleek English horses, refuses to believe in such impossibility for English men.
Page 275 - We denounce the Republican legislation known as the Sherman act of 1890 as a cowardly makeshift, fraught with possibilities of danger in the future, which should make all of its supporters, as well as its author, anxious for its speedy repeal.
Page 238 - In fact, it may be discovered that the true veins of wealth are purple, and not in rock, but in flesh ; perhaps even that the final outcome and consummation of all wealth is in the producing as many as possible full-breathed, bright-eyed, and happy-hearted human creatures.
Page 152 - There is no point more important in issuing paper money than to be fully impressed with the effects which follow from the principle of limitation of quantity.